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US and Israel to Extend Military Aid Pact Until 2033
The United States and Israel are set to sign a five-year memorandum extending US military aid until 2033, providing a transition period after previous talk of immediate cuts.
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What happened
- 01US and Israel will extend military aid pact for five years, ending in 2033.
- 02Annual funding of $3.3 billion for arms procurement is to be maintained.
- 03An additional $500 million annually is designated for missile defense development.
- 04The deal aims to secure approval from the current US Congress before January.
- 05Some US Congress members oppose aid cuts due to support for American industry.
The agreement aims to maintain $3.3 billion for arms and $500 million for missile defense annually, with potential increases due to growing threats. Both countries are working to finalize the deal before the end of 2026 to secure approval from the current US Congress.
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